A stupid revenge trade for the morning. Forgot to look at RSI to understand that the stock was overpriced. My biggest mistake was not respecting my stop loss at 2.5. Another big mistake was not taking the meat of the trade when the stock price jump to 2.7-2.8. I let it sit and look at my down. I am down $4-5. Half of my profit for this week is gone. Need to respect Rule #1: Cut Losses quickly.
Newsletters:SuperNova Alerts
Broker:TDAmeritrade
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Date | Price | |
---|---|---|
Entry | 4/2/2020 | 2.60 |
Exit | 4/2/2020 | 2.205 |
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